FLG METAL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FLG METAL
Largest movements
- Tangible fixed assets +€67,951
up €67,951 (+18.4%), from €369,151 to €437,102
of which Land and buildings: +€88,567
- Cash -€23,767
down €23,767 (-91.5%), from €25,969 to €2,203
mainly Investment in fixed assets (net) (-€124,109) and Debts after one year (-€15,000)
- Stocks and contracts +€14,973
up €14,973 (+65.8%), from €22,749 to €37,722
- Other debts +€58,533
up €58,533 (+30.0%), from €195,157 to €253,690
- Profit (loss) carried forward +€24,021
up €24,021, from -€15,212 to €8,809
- Debts after one year -€15,000
down €15,000 (-7.9%), from €190,000 to €175,000
- Tax, wage and social debts -€14,550
down €14,550 (-80.0%), from €18,179 to €3,629
- Trade debts +€9,331
up €9,331 (+62.0%), from €15,055 to €24,387
- Gross operating margin +€38,172
up €38,172 (+64.4%), from €59,287 to €97,460
- Depreciation -€2,354
down €2,354 (-3.7%), from €63,511 to €61,157
- Taxes +€1,372
new in 2025: €1,372
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €479,118 | €539,526 | +€60,409 | +12.6% |
| Fixed assets | 21/28 | €379,651 | €442,602 | +€62,951 | +16.6% |
| Intangible fixed assets | 21 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Tangible fixed assets | 22/27 | €369,151 | €437,102 | +€67,951 | +18.4% |
| Land and buildings | 22 | €263,143 | €351,710 | +€88,567 | +33.7% |
| Plant, machinery and equipment | 23 | €83,257 | €69,989 | -€13,268 | -15.9% |
| Furniture and vehicles | 24 | €22,752 | €15,404 | -€7,348 | -32.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €99,466 | €96,924 | -€2,542 | -2.6% |
| Stocks and contracts in progress | 3 | €22,749 | €37,722 | +€14,973 | +65.8% |
| Stocks | 30/36 | €22,749 | €37,722 | +€14,973 | +65.8% |
| Amounts receivable within one year | 40/41 | €50,483 | €52,710 | +€2,227 | +4.4% |
| Trade receivables | 40 | €49,881 | €46,780 | -€3,100 | -6.2% |
| Other amounts receivable | 41 | €603 | €5,930 | +€5,327 | +884% |
| Cash at bank and in hand | 54/58 | €25,969 | €2,203 | -€23,767 | -91.5% |
| Deferred charges and accrued income | 490/1 | €265 | €4,289 | +€4,024 | +1,519% |
| Total equity and liabilities | 10/49 | €479,118 | €539,526 | +€60,409 | +12.6% |
| Equity | 10/15 | €43,800 | €67,821 | +€24,021 | +54.8% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €51,012 | €51,012 | = | 0.0% |
| Distributable reserves | 133 | €51,012 | €51,012 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,212 | €8,809 | +€24,021 | |
| Amounts payable | 17/49 | €435,318 | €471,706 | +€36,388 | +8.4% |
| Amounts payable after more than one year | 17 | €190,000 | €175,000 | -€15,000 | -7.9% |
| Financial debts | 170/4 | €190,000 | €175,000 | -€15,000 | -7.9% |
| Amounts payable within one year | 42/48 | €245,318 | €296,706 | +€51,388 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €16,926 | €15,000 | -€1,926 | -11.4% |
| Trade debts | 44 | €15,055 | €24,387 | +€9,331 | +62.0% |
| Suppliers | 440/4 | €15,055 | €24,387 | +€9,331 | +62.0% |
| Taxes, remuneration and social security | 45 | €18,179 | €3,629 | -€14,550 | -80.0% |
| Taxes | 450/3 | €18,179 | €3,629 | -€14,550 | -80.0% |
| Other amounts payable | 47/48 | €195,157 | €253,690 | +€58,533 | +30.0% |
| Non-recurring operating income | 76A | €170 | - | -€170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,511 | €61,157 | -€2,354 | -3.7% |
| Other operating charges | 640/8 | €2,600 | €2,229 | -€370 | -14.2% |
| Gross operating margin | 9900 | €59,287 | €97,460 | +€38,172 | +64.4% |
| Operating profit (loss) | 9901 | -€6,824 | €34,073 | +€40,896 | |
| Financial income | 75/76B | €0 | €28 | +€28 | +93,233% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +93,233% |
| Financial charges | 65/66B | €8,389 | €7,875 | -€513 | -6.1% |
| Recurring financial charges | 65 | €8,389 | €7,875 | -€513 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,212 | €26,226 | +€41,438 | |
| Income taxes | 67/77 | - | €1,372 | +€1,372 | |
| Profit (loss) for the period | 9904 | -€15,212 | €24,854 | +€40,066 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,212 | €24,854 | +€40,066 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.